Regulus Resources (FRA:3LI) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Regulus Resources Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Regulus Resources's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Regulus Resources could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Regulus Resources's Cash-to-Debt or its related term are showing as below:

FRA:3LI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15 Med: No Debt Max: No Debt
Current: 2066

During the past 13 years, Regulus Resources's highest Cash to Debt Ratio was No Debt. The lowest was 0.15. And the median was No Debt.

FRA:3LI's Cash-to-Debt is ranked better than
65.52% of 2642 companies
in the Metals & Mining industry
Industry Median: 18.42 vs FRA:3LI: 2066.00

Regulus Resources Cash-to-Debt Historical Data

The historical data trend for Regulus Resources's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Regulus Resources Cash-to-Debt Chart

Regulus Resources Annual Data

Trend

Mar14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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No Debt

294.17

37.49

0.30

2,126.33

Regulus Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.30	No Debt	No Debt	2,126.33	No Debt

Competitive Comparison of Regulus Resources's Cash-to-Debt

For the Other Industrial Metals & Mining subindustry, Regulus Resources's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Regulus Resources's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Regulus Resources's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Regulus Resources's Cash-to-Debt falls into.

Regulus Resources Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Regulus Resources's Cash to Debt Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12.758	/	(0.006	+	0)
	=	2,126.33

Regulus Resources's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Regulus Resources had no debt ⁽¹⁾.

Regulus Resources (FRA:3LI) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Regulus Resources Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Regulus Resources's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Regulus Resources (FRA:3LI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regulus Resources Inc (FRA:3LI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RGLSF:USA 3LI:Germany REG:Canada

Address

200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4

Website

https://www.regulusresources.com

Regulus Resources Inc is an international mineral exploration company. The principal project held by the company is the AntaKori copper-gold-silver project in northern Peru. The AntaKori project hosts a resource with indicated mineral resources of 250 million tonnes with a grade of 0.48 % Cu, 0.29 g/t Au and 7.5 g/t Ag and inferred mineral resources of 267 million tonnes with a grade of 0.41 % Cu, 0.26 g/t Au, and 7.8 g/t Ag. Mineralization remains open in most directions.

Regulus Resources (FRA:3LI) Headlines

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Regulus Resources (FRA:3LI) Cash-to-Debt : No Debt (1) (As of Dec. 2023)